Overview Course of Financial Sector Issues
Building Financial Sectors that Support Development
May 4-8, 2015
Preston Auditorium 1818 H St. N.W., Washington, D.C. 20433
MONDAY, MAY 4, 2015
8:00 am
8:45 am
9:30 am
10:30 am
11:00 am
Registration
Welcome and opening remarks on Finance for Development
Gloria Grandolini, Senior Director, Finance and Markets GP, World Bank (TBC)
Session 1: Finance and the twin goals
Thorsten Beck, Tilburg University (TBC)
A leading academic will discuss how and why the financial sector matters for promoting
growth, reducing poverty, and boosting shared prosperity.
Break
Session 2: The roles of banks today
Simon Johnson, MIT (TBC)
A financial sector expert will share his views on the role of banks today and what changes
are coming or should take place in the future.
12:00 pm
Networking Lunch
1:30 pm
Session 3: Panel on challenges and priorities for financial sector policy-makers
Charles Calomiris, Columbia University (TBC)
Ceyla Pazarbasioglu, IMF (TBC)
Peer Stein, World Bank (TBC)
A panel of renowned experts will discuss their views on the challenges and priorities
financial sector policy makers face to make sure the financial sector plays a critical and
positive role in economic development.
3:30 pm
4:00 pm
6:00 pm
Break
Session 4: How to measure and regulate systemic risk
Viral Acharya, New York University (TBC)
A leading academic in finance will discuss the recent research on how to measure and
regulate systemic risk.
Adjournment
TUESDAY, MAY 5, 2015
8:30 am
9:30 am
10:00 am
Session 5: Housing finance in developing countries
Simon Walley, World Bank (TBC)
An expert in housing finance will discuss policies and initiatives to foster the sound and
stable growth of this sector.
Break
Session 6: Bank risk management models
Anthony Saunders, New York University (TBC)
This session will provide an in-depth look at bank risk management models from a
leading authority on risk management.
12:00 pm
Lunch Break
1:30 pm
Session 7: Panel on financial regulation – Basel III and beyond
Mario Guadamillas, World Bank (TBC)
Nigel Jenkinson, IMF (TBC)
Jerry Caprio, Williams College(TBC)
3:30 pm
Break
4:00 pm
Session 8: Macroprudential regulation and supervision
Miquel Dijkman, World Bank (TBC)
5:00 pm
Session 9: Bank governance
Laura Ard, World Bank (TBC)
Deniz Anginer, Virginia Tech (TBC)
A panel of experts will discuss the changes to bank regulation proposed by Basel III and
the implications of these changes for developing countries. Also, experts will debate
whether other changes in regulation and supervision are still required to prevent future
crises.
A financial policy expert will discuss his views on macroprudential regulation and
supervision.
This session will focus on the available knowledge on best practices in corporate
governance for banks.
6:00 pm
Adjournment
WEDNESDAY, MAY 6, 2015
8:30 am
Session 10: Capital markets in developing countries
Anderson Caputo Silva, World Bank/ IFC (TBC)
Catiana Garcia-Kilroy, World Bank/ IFC (TBC)
This session will discuss the main challenges and priorities for the development of capital
markets in developing countries.
10:00 am
Break
Session 11: Implementing a framework to stress test banks
Martin Cihak, International Monetary Fund (TBC)
10:30 am
A framework for assessing financial system vulnerabilities exists, and this practical
session will provide participants with an opportunity to learn how to use it, perform
stress test exercises with it, and take it back to the office.
12:30 pm
Lunch Break
2:00 pm
Session 12: Bank resolution frameworks
Javier Bolzico, Former Superintendent of Banks, Argentina (TBC)
Yira Mascaro, World Bank (TBC)
3:30 pm
Break
The recent crisis has confronted many countries with the need to deal with failing
financial institutions. This session will discuss the advantages and disadvantages of
different bank resolution methods.
Session 13: Case study on bank resolution
Javier Bolzico, Former Superintendent of Banks, Argentina (TBC)
Yira Mascaro, World Bank (TBC)
4:00 pm
The good-bank/bad-bank approach is an effective bank resolution method because it can
be very successful in meeting certain efficiency criteria, including the minimization of
contagion costs, and preservation of business. Using a case study framework, this session
will provide participants with the opportunity to see how the good-bank/bad-bank
approach is applied in practice.
5:30 pm
Adjournment
THURSDAY, MAY 7, 2015
8:30 am
9:30 am
10:30 am
Session 14: Pension systems in developing countries
Fiona Stewart, World Bank (TBC)
This session will engage participants in a discussion on how to build pension systems that
support financial and economic development.
Session 15: How to deal with systemically large institutions
David Hoelscher, former IMF (TBC)
A financial sector policy expert will discuss how regulators around the world should deal
with systemically large institutions.
Break
Session 16: Long-term finance
Asli Demirguc-Kunt, World Bank (TBC)
11:00 am
The session will discuss the main trends in the use of long-term finance around the world
and the policy lessons on how to promote sound long-term finance for firms and
households.
12:00 pm
Lunch Break
Session 17: Panel on financial inclusion and financial innovation
Leora Klapper, World Bank (TBC)
Doug Pearce, World Bank (TBC)
Tilman Ehrbeck, CGAP (TBC)
1:30 pm
A panel of experts will discuss what responsible financial inclusion means and what the best
policies to promote inclusion are, including discussing the role of financial innovations like
mobile and digital payments.
3:30 pm
4:00 pm
Break
Session 18: Consumer protection and financial literacy
Xavier Gine, World Bank (TBC)
This session will discuss the latest research on consumer protection and financial literacy.
5:00 pm
Session 19: Finance and climate change
Ajay Narayanan, IFC (TBC)
Olivier Mahul, World Bank (TBC)
This session will discuss the role that finance can play in coping with climate
change and disaster risk mitigation.
6:00 pm
Adjournment
FRIDAY, MAY 8, 2015
8:30 am
Session 20: Payment systems and credit infrastructure in developing countries
Massimo Cirasino, World Bank (TBC)
This session will describe challenges and priorities for the development of payment
systems and credit infrastructure in developing countries.
Session 21: Islamic finance
Zamir Iqbal, World Bank (TBC)
9:30 am
The use of Islamic financial products around the world is growing. This session will
explain what these products are and how they compare with traditional banking
products.
10:30 am
Break
11:00 am
12:00 pm
1:00pm
Session 22: SME and Agriculture finance
Miriam Bruhn and Panos Varangis (TBC)
The session will focus on challenges of providing credit to SMEs and financing
agricultural activities in a sound and inclusive manner.
Session 23: Shadow banking
Laura Kodres, IMF (TBC)
The session will focus on the growing importance of shadow banking and how regulators
should deal it.
Conclusion of training
Certificates distribution